06-06-2022 18:22 via telecoms.com

Truphone reportedly to be sold for £1

UK eSim firm Truphone, which is partly owned by Roman Abramovich, is reportedly being sold for £1 to two investors following sanctions against Russian business people.
The firm announced back in April that it had appointed FRP Advisory to ‘support the company in an immediate review of its strategic options’ following international sanctions placed on Russian billionaire Roman Abramovich, who they say has been a ‘minority investor since 2013.’
The Financial Times rep
Read more »